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Demand Surge from Pharmaceutical Grade is set to Provide Long-Run Thrust to the1,4-Dioxane Market

12-22-2021 06:34 AM CET | Industry, Real Estate & Construction

Press release from: Fact.MR

1,4-Dioxane comes under a class of specialty chemicals with limited applications in the pharmaceutical and chemical industries. 1,4-Dioxane is extensively used to manufacture Active Pharmaceutical Ingredients (API), chemical intermediates, polymers, dyes, and adhesives. Its localized utilization in the formerly mentioned application is mainly driven by its properties such as inertness and high stability at greater pH values. In the past half decade, demand for 1,4-dioxane from the pharmaceutical industry has nearly doubled owing to the absence of alternatives for the product.

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Segmentation analysis of 1,4-Dioxane Market:

The global 1,4-Dioxane market is bifurcated into four major segments: grade, application, end-use industry and region.

On the basis of grade, 1,4-Dioxane market has been segmented as follows:

Industrial grade
Pharmaceutical grade
Technical grade

On the basis of application, 1,4-Dioxane market has been segmented as follows:

Chemical Manufacturing
API (Active Pharmaceutical Ingredients)
Cosmetics
Polymers
Dyes
Others

On the basis of End-use industry, 1,4-Dioxane market has been segmented as follows:

Chemical Industry
Personal Care & Cosmetics Industry
Pharmaceutical Industry
Laboratories
Others

On the basis of geographic regions, 1,4-Dioxane market is segmented as

North America
Europe
Latin America
East Asia
South Asia & Oceania
Middle East & Africa

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1,4-Dioxane Market: Regional Outlook

From regional perspective, East Asia holds majority of the market share owing to the positioning of bundle of manufacturers of 1,4 – Dioxane and pharmaceutical ingredients manufacturers which favors economies of density. Moreover, economies of density provides maximum leverage to the consumers over stable price and two-part tarrifs over long-run forecast period. Followed by East Asia, South Asia & Oceania captures near quarter of the global 1,4-Dioxane market owing to the presence of Bulk API manufacturers in the region. Of all the countries in South Asia & Oceania, India provides maximum thrust for 1,4-Dioxane market.

1,4-Dioxane Market: Key Players

Global 1,4-Dioxane market is moderately fragmented in nature with presence of manufacturers dispersed across the globe. Majority of the manufacturers of 1,4-Dioxane are positioned in East Asia, especially China. Key players in market are focused towards collaborative approach to channel the product to the chemical and pharmaceutical manufacturers. Key players in global 1,4-Dioxane market are BASF, Taixingpharm, Senxuan Pharm, Tokyo Chemical Industries , Dr. Ehrenstorfer GmbH, Henan CoreyChem, CarboMer and others.

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Market Segments
Market Dynamics
Market Size & Demand
Current Trends/Issues/Challenges
Competition & Companies involved
Technology
Value Chain

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